![saks may 185](https://cache.luxurydaily.com/wp-content/uploads/2012/05/saks-may-185.jpg)
Today in luxury marketing:
Saks shares pummeled after luxury giant misses revenue expectations
Shares of the luxury department store chain Saks Inc. declined more than 10 percent in pre-market trading this morning, after the company reported disappointing revenue figures for the first three months of the year, according to Business Insider.